BETR - NASDAQ

BH

Better Home & Finance Holding Company

BETRยทNASDAQ

$26.41

-6.8%
Financial ServicesFinancial - Mortgages

Better Home & Finance Holding Company operates as a homeownership company in the United States. The company provides government-sponsored enterprise (GSE) conforming loans, U.S. Federal Housing Administration insured loans, U.S. Department of Veterans Affairs guaranteed loans, and jumbo loans to GSEs, banks, insurance companies, asset managers, and mortgage real estate investment trusts. It also offers real estate agent services, title insurance and settlement services, and homeowners insurance services. The company formerly known as Better Mortgage Corporation and changed its name to Better Home & Finance Holding Company in August 2023. Better Home & Finance Holding Company is headquartered in New York, New York.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$413.82M
EPS-10.8200
P/E Ratio-2.44
Earnings Date08/06/2026
BH

Better Home & Finance Holding Company Fair Value Envelope

BETR ยท NASDAQ

Our analysis suggests that BETR has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $26.41, this represents a potential HIDDEN relative to our calculated worth for Better Home & Finance Holding Company.

HIDDEN
Intrinsic Value
Current Price: $26.41

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

$
%
$
%
$
$

Projection Settings

Forecast period and terminal assumptions

%
%

DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value-$12.7B
+ Cash & Equivalents$116.6M
Firm Value-$12.6B
- Debt$615.3M
Equity Value-$13.2B
/ Shares Outstanding15,160,923B
DCF Value-$872
OVERVALUED BY 3402%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
-$325.4M
-$456.2M
-$639.4M
-$896.3M
-$1.3B
-$1.8B
-$2.5B
-$3.5B
-$4.9B
-$6.8B
Maintenance CapEx
-$334.5K
-$468.8K
-$657.2K
-$921.2K
-$1.3M
-$1.8M
-$2.5M
-$3.6M
-$5.0M
-$7.0M
Owner Earnings
-$325.8M
-$456.6M
-$640.1M
-$897.2M
-$1.3B
-$1.8B
-$2.5B
-$3.5B
-$4.9B
-$6.8B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$301.6M
-$391.5M
-$508.1M
-$659.5M
-$856.0M
-$1.1B
-$1.4B
-$1.9B
-$2.4B
-$3.2B
Terminal Value represents 0.0% of Enterprise Value
Negative Owner Earnings
This company generates negative free cash flow. Consider adjusting maintenance CapEx percentage or check the financial data.

Related Guides

Blog Categories

Continue your BETR research with focused valuation guides.

DCF Modeling

Improve assumptions for intrinsic value accuracy.

Forecasting

Calibrate growth paths and terminal value behavior.

WACC

Refine discount-rate logic for valuation quality.

Cost of Capital

Match risk profile to expected return assumptions.

Research Paths

Pick your next lens
1

Snapshot

Start with context, operating signals, and key market metrics.

2

Value Model

Stress test fair value across bear, base, and bull assumptions.

3

Statements

Validate revenue quality, margins, and balance sheet durability.

4

Earnings Call

Read management commentary and compare it with reported outcomes.

5

Dividends

Check payout sustainability and long-term distribution behavior.

6

Analyst Expectations

Review consensus spread and where estimate risk is concentrated.